Is India Prepared For An Oil Shock? Expert Explains Supply Risks Amid West Asia Conflict

Escalating tensions in West Asia and uncertainty around the Strait of Hormuz have once again raised concerns over global energy supplies and crude oil prices. Narendra Taneja, Energy Expert, explains that while India has diversified its crude imports by sourcing more oil from regions such as the United States, Latin America, and West Africa, rising oil prices remain a bigger concern than supply disruptions. He warns that higher LNG, LPG, shipping, and insurance costs could increase pressure on the Indian economy. Taneja also says India must continue expanding its energy sourcing beyond the Persian Gulf to strengthen long-term energy security, while remaining strategically engaged in the region. Watch the full discussion to understand how oil prices, geopolitics, inflation, and energy security could shape India's economic outlook